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Alexandra Nikos Sekouri , President of the Hellenic Association of Realtors, was Pinellas International Council’s guest speaker via Skype on Wednesday. She gave an excellent and very informative presentation on Greece & the real estate process. Thanks to our Pinellas Realtor Affiliate Business Partner sponsors who providing us with international appetizers and wine, the 25 PIC members and guests and, of course,  Alexandra Nikos Sekouri!!

 

Please join the Pinellas International Council Friday, July 21st for the Certified International Property Specialist course, Asia/Pacific and International Real Estate. This informative course is being taught by Jorge L. Cantero, Realtor®.

 

Friday, Jul 21, 2017 8:30am – 5:00pm at Pinellas Realtor Board, 4590 Ulmerton,Road, Clearwater, Florida.

This course offers you practical information on working with Asian/Pacific buyers and investors.  Historical and cultural influences, regional relationship, and investment opportunities are also covered.

In this new world of globalized business, we are in contact with people from Australia, China, Indonesia, Japan, Taiwan, Korea and the Philippines. Their economies count on countries of the Americas and the Pacific Rim to provide access for their goods to our markets.  We count on them to supply us with quality merchandise at reasonable prices and providing new markets for the products of the Americas. One such product is real estate.This course provides information, insights and skills for working with Asian investors seeking overseas properties and for investors from the Americas seeking investments in Asia.

SPEAKER: Jorge L. Cantero  CIPS, CRB, CRS, GRI    20678_100139880023748_5432507_n(3)

Jorge is licensed in real estate in Florida since 1985, and previously a recipient of a New York State Broker’s License. Mr. Cantero’s international experience prior to that was a result of being involved in the chemical industry with a series of multinational companies, and having extensively traveled in Europe, Latin America and Asia.  Mr. Cantero’s specializations include residential resales, marketing of foreclosures; and in particular serving inbound international investors and residential real estate exchangers.  Mr. Cantero is a Past President of the Residential Association of the Miami Association of REALTOR®, and was the recipient of the Association’s Educational Award in 1994, and of the REALTOR® of the Year Award for 1995. Furthermore, he is a member and director of numerous committees of the Miami Association, Florida Association and National Association of REALTORS®.

In addition to having earned the designations of Certified International Property Specialist (CIPS), Certified Real Estate Brokerage Manager (CRB), Certified Residential Specialist (CRS), and Graduate, REALTOR® Institute (GRI), Mr. Cantero holds a Master Degree in Chemical Engineering from New York University (NYU), 1972.

This course counts towards the CIPS designation. Click here for more information about the CIPS designation.
Upon successful completion of this course, a real estate professional will be able to:
• Discuss the social, economic, political, and geographical characteristics of major countries in the Asia/Pacific region.
• Identify important characteristics of the real estate market in certain Asia/Pacific markets, including influential laws and real estate and brokerage practices.
• Evaluate opportunities in certain Asian markets by analyzing significant investment patterns, investor profiles and real estate activity.
• Discuss ways to develop a business network to start or enhance an international practice with Asian clients or properties.
• Discuss techniques to promote properties, markets, and professional services.

SCHEDULE:
7:30 a.m. to 8:00 a.m.: Sign-in, networking, and breakfast
8:00 a.m. to 5:30 p.m.: Course

Light breakfast and lunch will be provided.

Seating is limited and registration is required at LEAST 24 HOURS prior. 

REGISTRATION:
PRO Members ($95):
Click here to register.

Non-PRO Members ($95):
Click here to register.

***This course is one of the courses required to earn the prestigious Certified International Property Specialist (CIPS) designation. The CIPS Network comprises 2,500 real estate professionals from 50 countries and is the specialty membership group for global business practitioners of the National Association of Realtors®. The CIPS® designation prepares Realtors® to service the growing international market in their local community by focusing on culture, exchange rates, investment trends, and legal issues. Click here for more information about CIPS and the requirements to earn this prestigious designation.

Contact: Jan Dean
Email: JDean@tampabayrealtor.com
Phone: 727-216-3004
Pinellas REALTOR Organization
4590 Ulmerton Road
Clearwater FL 33762

 

This beautiful turnkey contemporary Bed and Breakfast with 2 Professional Tennis Courts and 6 units can be yours for business or pleasure or both! Located in the stunning area of Tamarindo, on the Northern Pacific coast of Costa Rica in the Province of Guanacaste, where the main attractions are surfing and eco-tourism.

There is a total of 7 bedrooms so you can use one for yourself & the rest for your family, friends, or guests. It is short walk to Tamarindo’s main surfing beach and the business center. Playa Tamarindo is a long, rocky beach with excellent waves and two main breaks for advanced surfers.

Some eco-friendly activities in the area include watching turtles nest during their season, diving, snorkeling, body surfing, zip-lining, estuary trips, sailing, horseback riding and fishing.

Guest suites include a 2 bedroom apartment, 2 – 1 bedroom suites, and 3 guest rooms with a total of 7 bathrooms. Also included is a restaurant and a gorgeous pool which creates a great spot for entertaining. Imagine sitting out by this pool in the morning sipping some fresh Costa Rican coffee from the nearby mountains. The property is 1600 Square Meters with 300 Square Meters of structures. This property offers the owner several means of income & attracting a variety of guests. All of these wonders can be yours for $1,195,000.00.

Tamarindo is easily accessed from Liberia Airport (approx. an hour or so away) with airlines from many major cities arriving daily. Commercial airlines include: Air Berlin, Air Canada, American Airlines, Copa Airlines, Delta Airlines, Frontier Airlines, Jetblue, US Airways and several others.

As well as 3-4 supermarkets, a farmer’s market is held every Saturday morning.  With such fresh food & so many outdoor activities available, it is easy to see why so many are moving to Costa Rica for La Pura Vida!!

Please contact me if you are interested in learning more about this wonderful property. Thank you so much.

 

 

 

 

 

 

 

PIC logo   PIC Platinium logo

The Pinellas International Council will be holding the Asia/Pacific and International Real Estate course on Thursday, June 16th, 2016 from 8am to 5pm at the Pinellas Realtor Organization building in Clearwater, Florida.

In this new world of globalized business, we are in contact with people from Australia, China, Indonesia, Japan, Taiwan, Korea and the Philippines. Their economies count on countries of the Americas and the Pacific Rim to provide access for their goods to our markets.  We count on them to supply us with quality merchandise at reasonable prices and providing new markets for the products of the Americas. One such product is real estate. This course provides information, insights and skills for working with Asian investors seeking overseas properties and for investors from the Americas seeking investments in Asia.

Upon successful completion of this course, a real estate professional will be able to:
• Discuss the social, economic, political, and geographical characteristics of major countries in the Asia/Pacific region.
• Identify important characteristics of the real estate market in certain Asia/Pacific markets, including influential laws and real estate and brokerage practices.
• Evaluate opportunities in certain Asian markets by analyzing significant investment patterns, investor profiles and real estate activity.
• Discuss ways to develop a business network to start or enhance an international practice with Asian clients or properties.
• Discuss techniques to promote properties, markets, and professional services.

SPEAKER: Carlos Fuentes

Mr. Fuentes has been involved in commercial and international real estate for the last 25 years, having earned the CCIM (Commercial R.E. Specialist), CIPS (International R.E. Specialist) and TRC (Transnational Referrals Certification) designations. His activities have included land acquisition and site development, office, retail, industrial and second home resort properties in the Caribbean, Latin America and the U.S. Contract and financing negotiations, market and investment analysis are all areas in which he has gained valuable experience. He has successfully completed a significant number of 1031 Exchanges.

Carlos has published articles in several national and international magazines and been a presenter at both national and international seminars and panels. He is a member of the NAR Speaker Cadre, a Certified CIPS and TRC Instructor as well as a Federal Court Certified Interpreter (English/Spanish).

He served as 2011 NAR Executive Committee Liaison to Global, Resort and Second Home Real Estate Group, Regional Coordinator for North America, Central America and the Caribbean, NAR and Florida REALTORS® Director, Past President of My Florida Regional MLS (with 34,000 users) and the Greater Tampa Association of REALTORS®. Mr. Fuentes received the 2003 NAR International Outreach Effort Award and the 2006 NAR President’s Liaison Award. He was the recipient of the 2008 GTAR Deal of the Year Award, recognizing a unique transaction, and named 2009 GTAR REALTOR® of the Year.

SCHEDULE:
7:30 a.m. to 8:00 a.m.: Sign-in, networking, and breakfast
8:00 a.m. to 5:30 p.m.: Course

Light breakfast and lunch will be provided.
Seating is limited and registration is required.
REGISTRATION:
PRO Members ($95):
Click here to register.

 *SCHOLARSHIPS AVAILABLE*
PRO Members – would you like a scholarship to help pay for this course? The REALTOR® Professional Development Scholarship is available for you, courtesy of the Pinellas REALTOR® Foundation and the Affiliate Business Partners of PRO. Click here to learn more and apply. Note: the scholarship does not cover any additional costs associated with obtaining the certification. If you’re interested in the scholarship, REGISTER AND PAY FOR THIS COURSE FIRST, then fill out the application on the webpage linked above. We request that you register and pay for the course first to guarantee your spot since scholarships and seating are limited. If you are awarded, we will issue you a check.

Non-PRO Members ($95)  Click here to register.                                       CIPS logo

***This course is one of the courses required to earn the prestigious Certified International Property Specialist (CIPS) designation. The CIPS Network comprises 2,500 real estate professionals from 50 countries and is the specialty membership group for global business practitioners of the National Association of Realtors®. The CIPS® designation prepares Realtors® to service the growing international market in their local community by focusing on culture, exchange rates, investment trends, and legal issues. Click here for more information about CIPS and the requirements to earn this prestigious designation.

Contact: Jan Dean at Email: JDean@tampabayrealtor.com   Phone: 727-216-3004

Location:Pinellas REALTOR Organization, 4590 Ulmerton Road, Clearwater FL 33762

 

Panama Canal Expansion is Reshaping America's Ports

According to CBRE Group, the Panama Canal’s expansion, the first major renovation the canal has undergone since its opening in 1914, is a milestone that will have a major impact on the global trade industry, and specifically, the way cargo is handled and transported throughout North America.

By Michael Gerrity | See more at: http://www.worldpropertyjournal.com/

Scheduled to open in April 2016, the larger canal will be able to accommodate a new line of Post-Panamax vessels — supertankers, container and passenger ships too large to pass through the canal, pre-expansion. The $5.25 billion expansion project has already created a new set of locks that will accommodate these larger vessels, providing shippers easier access to North America.

Container-Ship-at-sea.jpg“Now you can have these massive ships go directly to the East Coast, and that is going to drastically change the way merchandise is distributed,” says Carla Lopez, head of research in Latin America for CBRE.

Ports on the East Coast are spending billions to deepen their harbors, increase their bridge heights and transform their infrastructure to accommodate larger vessels that bring with them more cargo and potentially more business. But how immediately this influx of new business — in the form of cargo shipped from Asia directly to the East Coast — will land in the reconfigured ports has yet to be determined.

The American Association of Port Authorities (AAPA) estimates that ports and their private sector partners are investing over $9 billion a year to modernize and expand port facilities.

These port renovations fall into three main categories: land-side connections (the roads and rail lines that lead into the ports); water-side connections (especially those that need to be deepened and widened to accommodate greater volumes in these Post-Panamax vessels); and the port facility infrastructure itself (often referred to as “inside the gate”).

The association estimates there are 125 port-related infrastructure projects underway or planned, cumulatively valued at $29 billion. Except for on-dock rail, these projects are mostly improvements outside of port facilities, including intermodal connectors, gateway and corridors and marine highways.

The Port Authority of New York and New Jersey has dedicated $1.3 billion for the Bayonne Bridge Navigational Clearance Project, which will raise the bridge to 215 feet from 151 feet for the passage of these larger ships. It has also spent over $2.7 billion for other improvements to its water-side and land-side connections, along with its port facility infrastructure.

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David Egan

“New York is always going to be huge, and it is best positioned in the short term,” says David Egan, CBRE’s head of industrial research in the Americas. “If you take the major ports from Miami, Fort Lauderdale, Charleston and Baltimore, they’ve all made a committed investment to receive these Post-Panamax ships.”

Ports in Savannah, Georgia, and Jacksonville, Florida, are currently undergoing costly dredging projects to deepen their harbors for these larger ships (Georgia has set aside $266 million for the Savannah Harbor).

“I still think there are some limitations, like the Port of Savannah, which only has a certain depth that can be achieved there,” adds Egan.

Perceived limitations aside, the Port of Savannah has seen a bump in total TEU volume from March 2014 to March 2015, according to CBRE Research. This volume helped the Port of Savannah surpass the Northwest Seaport Alliance, a newly formed alliance between the ports of Seattle and Tacoma, as the fourth-largest port in total TEU volume.

More cargo also means a growing demand for speedy distribution services, and that can also lead to substantial real estate benefits for East Coast ports. For instance, the increased cargo traffic at the Port of Virginia helped fill warehouse space in Hampton Roads with imported goods. As of 2014, about 91 percent of the 108 million square feet of leasable industrial space there was leased, and the total amount of vacant square feet of warehouse space in the area dropped to 1.9 million from 3.6 million in 2012.

Scott-Marshall.jpg

Scott Marshall

There is also the question of how those along the supply chain–from existing shippers to retailers–are going to change their methodology based on these new access points for larger ships.

“If you’re looking at an Asia-to-North America shipping lane and you’re an existing retailer, how quickly can you turn on a dime and change your supply chain in order to take into consideration this new opportunity?” asks Scott Marshall, executive managing director, industrial services in the Americas for CBRE. “By changing that, what happens to your turn time?” ~~~~~~~
– By Michael Gerrity | See more at: http://www.worldpropertyjournal.com/

Costa Rica mountain top, ocean view estate is a 2008 custom built pool home by one of San Ramon’s premier engineers. Enjoy the panoramic 270 degree view of the Gulf of Nicoya, 35 miles of coastline, as well as, most of the Nicoya Peninsula.

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The gated, private and secure property is 4,850 ft. above sea level and is situated on 4.5 mountaintop acres, just five miles from the conveniences of downtown San Ramon. The property maintains Costa Rica’s eco, sustainable philosophy with solar-powered electricity. There are 15 grid tied solar panels.  The power company gives the current owners credit for any power that is generated in excess of what they use. Featuring a 50’ solar heated lap pool, the main house (casa) is approximately 2,500 sq.ft. and the furnished guest cottage (casita) is approximately 595 sq. ft.

There is a level, cleared building site close by (on the property) which could accommodate another house, for a possible family compound, business retreat, or B&B.

LapPool

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Equipped with a spacious Gourmet kitchen with a refrigerator and freezer purchased in 2014, that are two separate energy star units, 27 cu feet each. The home’s modern amenities include a front loading washer and gas dryer. Enjoy the jetted bathtub after walking the surrounding nature trails featuring rain of gold orchids.

rain of gold

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MainHouseKitchen

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San Ramon is in the Cordillera de Tilarán mountain range, the temperatures tend to be very mild year-round: 20-27 C (66-80 F) offering a very livable environment. June through October is considered the rainy or “green” season with November to May considered the “dry season.”

LivingRoomMainHouse

DiningRoomMainHouse

The beautiful tropical wood ceilings, imported Spanish tile floors throughout and the saltwater, solar heated lap pool will make this an enjoyable vacation home or permanent oasis.

MasterBedroom

Located one hour from downtown San Jose, 45 min from SJO airport and 45 min from the beach.

Go to http://Coastal.506.nu to learn more or  Click to see more: Property Details

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sanramon San Ramon

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Columbus called Costa Rica “the rich coast”—and it still is, with Caribbean beaches and Pacific shoreline that’ll take your breath away. But this nation has much more to offer, too: a year-round tropical climate, modern cities, rainforests, lush valleys and majestic mountains.

With its slower pace of living, warm, welcoming climate, healthy, fresh foods and reputation as one of the “greenest, cleanest” countries in the world it’s no wonder Costa Ricans are considered among the “happiest people on the planet.”

Frog

The country is aimed at becoming a carbon-neutral region, and it has almost succeeded in accomplishing this. Attempting to have no carbon footprint by 2020. Costa Rica is classified as a tropical country due to its proximity to the Equator, 10 degrees above.

hummingbird

Pura Vida, meaning Pure Life, characterizes the modern culture in the country. The expression means that life is plenty or that living is great. The locals in Costa Rica use this phrase often such as when expressing greetings, thanking someone or acknowledging that things are going well. Music Like in most parts of the world, music is also loved in Costa Rica.

Official language: Spanish

Currency: Colon  – colorful currency representative of the Eco-friendly philosophy.

Colones (4)

Costa Ricans call themselves ticos (males) and ticas (females).

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Even though its landmass only takes up .03% of the planet’s surface, the country is host to more than 5% of the world’s biodiversity.

volcano

Buying property Real estate is booming once again in Costa Rica, and is one of North America’s most popular destinations. The country’s attraction goes beyond white-sand beaches, lush rain forests and great weather year around. Costa Rica’s stable democracy and comparable prices have attracted an increasing number of investors searching for their own slice of paradise. Another advantage to purchasing real estate here is that the constitution provides foreigners and Costa Ricans equal treatment under the law.

PlayaNegra

Grecia is a medium-sized town in Costa Rica’s Central Valley, about a 30-minute drive from San Jose. It’s half an hour that makes all the difference in the world, say expats who live here. While nearby San Jose offers world-class hospitals and all the shopping malls and big box stores anyone could want or need, it’s also fraught with big-city woes, especially mega hustle bustle, parking and traffic problems. Not so, in Grecia, where the pace of life is slower and there’s plenty of time to stop and smell the coffee. Literally!

watersand_PuraVida

We have found there are five major reasons people choose Costa Rica for their “get-a-way” vacation second home or their retirement and investment property, and they are, as follows;

1) weather (shorts and shirtsleeves year round)
2) lower taxes (tax base $0.0025 x highest recorded value)
3) cheaper labor (anything labor intensive – construction, medical, services, restaurants, etc will be less)
4) stable government (banana republic with NO military)
5) Secure and stable Central Bank (not exclusively tied to the US Dollar)

The beautiful scenery, forest, beaches, waterfalls, hot springs and nature allows you every sport you want to do – You can play every day out in the sun or sit in a natural spring and soak your bones with a good book

Also, check out  http://costarica.com/travel/10-interesting-facts/

Painted Pony Horse Ranch KaysHouse

Call or go to our website  http://Coastal.506.nu/  to learn more about this property and others today.

Have you ever dreamed of living the good life? Here’s your chance to own one of the world’s top rated guest ranches in beautiful Costa Rica. The Painted Pony Guest Ranch at Casagua Horses is located just inland from some of Costa Rica’s famous Pacific Gold Coast beaches, such as Tamarindo, Flamingo and Playa Grande,  in the heart of Guanacaste’s famous ranch country.  The Riders and non-riders alike will enjoy the relaxed environment on the 47 acre family-owned ranch, an oasis of giant tropical trees and dry forest flora and fauna.  Wake to monkeys calling from the trees and horses nickering in the pastures.  Ride the old Spanish trails, mountain trails, sandy beaches on comfortable, well cared for horses with expert bi-lingual guides.  Offered at $2,495,000 USD. Experience a real  “Taste of Guanacaste”.

Horses on Ranch Main House Painted Pony

Outdoor Kitchen Area Outdoor Kitchen area

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Guest House Main Road Entrance

Main House Living Room Horse Training Area

The property includes a guest house, private casita suite and owner ranch house. The equestrian area includes worker housing, tack room, office, picadero (ring) with covered viewing, grass ring, jumping area, turnouts stalls for 15 horses, storage building, kennel/dog run and a traditional rancho with outdoor kitchen with another bath and bedroom. There are large tropical trees, wildlife and pasture that stays green all year. Development or commercial potential as well. Come see this amazing opportunity to own your own part of paradise today!

Below is a brief overview of what you might find if you decide to own a vacation or primary home in Costa Rica. The original article is quite long so I’m going to break it up into several distinctive subject posts. Just a taste so you will want more & more…

International Living

 

Costa Rica Beach

 

Join the 20,000 American expats already living
“la pura vida” in Costa Rica

Costa Rica’s fame as a retiree destination is richly deserved. You’ll find the tropics along the Pacific and Caribbean Coasts, while most of the Central Valley is cool and breezy. If you find it difficult to choose which climate you prefer, you will be glad to know that the mild temperatures of the Central Valley are just two hours by car from the tropical beaches of the Pacific Coast.

Expats are attracted to Costa Rica for numerous reasons, which include the low cost of living, excellent health care, modern telecommunications structure, beautiful beaches, rainforests, lush valleys, and cool mountains…not to mention the theaters, art galleries, and fine dining. There are more than 20,000 expats living in Costa Rica and many well-established expat communities.

Tucked between Nicaragua to the north, Panama to the south, the Pacific Ocean to the west, and the Caribbean Sea to the east, Costa Rica may truly have it all: a year-round tropical climate, modern cities, Caribbean beaches, Pacific coastline, rainforests, lush valleys, and mountains.

In March 1997 we took Costa Rica off our recommended list. Twelve years later, in 2009, Costa Rica was back on our list of Top Retirement Havens and remains there still. Yes, after 12 years off our list of affordable opportunities for profit, IL has discovered that there is an unknown—and still affordable—side to one of the world’s most coveted overseas retirement destinations.

Long stretches of deserted and undeveloped beaches on the Caribbean and Pacific Coasts…dense jungles teeming with exotic wildlife…towering volcanoes, lush green valleys, and hundreds of crystal-clear lakes, rivers, streams, and waterfalls…mesmerizing sunrises, sunsets, and star-filled evening skies…all these things, and much more, are drawing people back to Costa Rica.

Whether expats live in this beautiful country full- or part-time, they relish the climate, neighborly atmosphere, low cost of living, excellent health care, stable democracy, and countless ways to have fun. This is a middle-income, developing economy, with a tradition of democracy. The life expectancy at birth here is one of the highest in the world—outstripping both the U.S. and the UK. Tourist facilities are extensive, and because English is a second language for many Costa Ricans, the country feels very visitor-friendly.

In Costa Rica, the good life is called “pura vida.” For those who retire in Costa Rica, pura vida is a daily fact of life in this beautiful, exotic, and surprisingly affordable country.

There are no restrictions on foreign property ownership as such, although no one can own property within 50 meters of the ocean, and for the next 150 meters real estate comes under Maritime Zone laws. These laws permit development only under government “concession.” This means that anyone shopping for property should be doubly cautious about buying oceanfront real estate, including condos. Before entering into a transaction, insist that your attorney verify that the title is legally consistent with Maritime Zone regulations.

by Graham Wood

Morguefile.com

When we speak of international buyers, we’re usually talking about people from other countries who want to invest in U.S. property. But the lines go both ways. There are high-net-worth Americans who want to buy homes in other countries, and they can spell big business for practitioners who are willing to aid them in their global search. But where should they be looking?

Rick Davidson, president and CEO of Century 21, argued at the Asian Real Estate Association of America’s Global & Luxury Summit in Chicago on Monday that because of the dollar’s strength against many other foreign currencies, American buyers can get great deals abroad. But one country stands above the rest as the best place for Americans to invest their money abroad because of a confluence of economic benefits: Japan.

“We are deeply immersed in the Japanese market,” Davidson said, noting that Century 21 has 900 offices and 6,000 agents there. Here are the reasons Davidson gave for why Japan should be a target for wealthy U.S. home buyers wanting to purchase overseas:

  • The interest rates on 10-year fixed-rate loans are 1.5 percent to 1.75 percent — far below America’s historic interest-rate lows.
  • One U.S. dollar 119.54 yen, which gives U.S. buyers a 20 percent discount on purchases.
  • There are virtually no restrictions for foreign investors in Japan.
  • Japan is coming out of recession. Deflation is expected to stop and GDP is expected to grow in the near future, so American investors will start to see a positive ROI starting now.
  • Tokyo is the cheapest of all Asian cities in terms of price per square foot. The average price per square foot of a luxury property in the U.S. is $1,180; in Japan, it’s $680.
  • Tokyo land prices have been rising for five straight years, making future expectation for price growth high.

Graham Wood is a senior editor for REALTOR® Magazine. He can be reached at gwood@realtors.org.

Annalisa Weller, Realtor®, Certified International Property Specialist

(727) 804-6566
AnnalisaWeller1@gmail.com

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  • Katie Shotts promoted to Chief Operating Officer May 15, 2017
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